World View & Market Commentary. Forest first; Trees second. Focused on Real & Knowable facts that filter through the "experts" fluff and media hyperbole. Where we've been, what the future may hold and developing a better way forward.

Wednesday, March 15, 2017

Super video, very important to understand the power of decentralization. Bitcoin is going to erode the power base of the central bank and they do not yet realize how profound this transformation will be. I believe this technology is a major part of a proper path forward, support its use fully, and own some myself.

Later, and in my new book, I will explain the historical significance of it and how I think the concept of decentralized systems like Bitcoin can be used alongside of other forms of "money" in order to make a more diverse and robust system overall, one that has options outside the hands of the criminal central cartel.